Terence7 Wrote:
Apr 07, 2013 5:40 PM
The average wage of lost jobs: $22 hr. The average wage of newly created jobs: $15 hr. Nearly 20% of White males over the age of 18, both in the labor force and not, are unemployed. In fact, the reason the unemployment rate fell was due to people leaving the labor force. It's the economy stupid. It simply isn't working for a large swath of Americans. The underground economy is growing substantially, in no small part to higher tax rates... We also live in the information age. Those who are equipped for this new economy are doing well. Those who are not will continue to suffer.